Plan Ledger DOL Form 5500 · updated monthly

Royal Management Corporation401(k)

ROYAL MANAGEMENT CORPORATION LEXINGTON RETIREMENT SAVINGS PLAN · LOMBARD, IL · plan year 2023

Reported admin expense ratio · 2023
0.56%

Royal Management Corporation reported $75,733 in plan administrative expenses for 2023: 0.56% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.51% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,097th of 3,702), and the 4,769th of 11,911 in health care & social assistance. active participation has shrunk from 133 to 88 since 2022.

Plan summary
Net assets, end of year$13,639,811
Participants with balances577
Active participants88
Employer contributions—
Employee contributions$142,895
Employer contribution per active participant—
Average account balance$23,639
Benefits paid to participants$2,049,344
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 257 accts
2023$13.6M · 577 accts
2022$13.5M · 347 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,452
Investment management$26,781
Audit (IQPA)$12,500
Total administrative$75,733
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$36,452
CREATIVE PLANNING LLC · Investment advisory (plan)$26,781
WIPFLI LLP · Accounting / audit$12,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,697 · 0.65%
2023$75,733 · 0.56%
2022$84,708 · 0.51%
Similar plansHealth Care & Social Assistance · Illinois
Aperion Care, Inc. IL$13.8M · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363678107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.